The impact of aging and technological relatedness on agglomeration externalities: a survival analysis
AbstractWe study localization, urbanization, and Jacobs' externality effects on plant survival inSweden (1970-2004). We focus on two questions: (1) do agglomeration externalities changewith the age of plants? (2) using new information about the relatedness among industries,what is the role of technological relatedness among local industries? We find thatagglomeration externalities affect survival chances of plants. This effect, however, differsbetween corporate and non-affiliated plants. Furthermore, we find that Jacobs' externalitiesbenefit only young plants, whereas urbanization externalities harm plants at all ages.Localization externalities are insignificant, while the presence of related industriessubstantially increases survival rates.
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Bibliographic InfoArticle provided by Oxford University Press in its journal Journal of Economic Geography.
Volume (Year): 12 (2012)
Issue (Month): 2 (March)
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Other versions of this item:
- Ron Boschma & Martin Henning & Frank Neffke, 2009. "The Impact of Aging and Technological Relatedness on Agglomeration Externalities: A Survival Analysis," SERC Discussion Papers 0036, Spatial Economics Research Centre, LSE.
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
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